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Methanex Corporation (MEOH) [hlAlert]

Rating:
Neutral MEOH
down 60.29 %

Methanex Corporation (MEOH) downgraded to Neutral by Monness Crespi & Hardt

Posted on: Tuesday,  Jan 19, 2016  8:25 AM ET by Monness Crespi & Hardt

Monness Crespi & Hardt rated Neutral Methanex Corporation (NASDAQ: MEOH) on 01/19/2016. Previously Monness Crespi & Hardt rated Buy Methanex Corporation (NASDAQ: MEOH)
on 11/15/2013., when the stock price was $64.35. Since then, Methanex Corporation has lost 60.30% as of 01/19/2016's recent price of $25.55.
If you would have followed the previous Monness Crespi & Hardt's recommendation on MEOH, you would have lost 60.29% of your investment in 795 days.

Methanex Corp. is a Vancouver based company engaged in the worldwide production and marketing of methanol. Methanol, made from natural gas, is a basic chemical building block used to manufacture products such as formaldehyde, MTBE, acetic acid and others. The Company operates production facilities in Canada, the United States, New Zealand and Chile. The Company also markets additional methanol from plants in the US, Trinidad and Europe.

Monness Crespi & Hardt
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/19/2016 8:25 AM Hold
None
25.55
as of 8/27/2015
1 Week down  -11.95 %
1 Month down  -29.00 %
3 Months down  -31.94 %
1 YTD down  -32.61 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/15/2013 8:25 AM Buy
None
64.35 70.00
11/1/2013 8:25 AM Buy
None
58.86 65.00
9/27/2013 9:25 AM Buy
None
50.71 58.00
6/10/2013 9:25 AM Buy
None
42.69 52.00

(*) Stock Price at the time of the recommendation.
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